Founded: 2019
Partnered since: Series A
Current Stage: Series A
Valuation: N/D
Founded by Samantha Duncan, Net Purpose is a revolutionary platform providing unprecedented access to facts on the social and environmental impact of global investments. Through a combination of AI and human input, Net Purpose has amassed the highest quality data, reflected through its Runner Up title for ESG Data Provider of the Year in 2022 – placing above goliaths MSCI, Preqin and FactSet. With an aim to change the code of capitalism to a more sustainable form, Net Purpose counts some of the world’s largest asset managers as clients and currently powers over $50 billion towards sustainable investing. In 2022, it raised circa $11 million at Series A with ETF Partners and Illuminate Financial leading the investments, and counts backing from former Goldman Sachs chairman Jim O’ Neil and IHS co-founder Kevin Gould as individual investors.
$11m
Raised in Series A funding
$50bn
Powering sustainable funds
4000
Companies’ sustainability data on the platform